WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (8734)	11/5/2000 12:01:50 PM
From: David Smith	Read Replies (1) of 11130

Wayne, small one for you.... Take a look at MEDM. This is a biomedical engineering company with very interesting fundamentals and chart. MEDM is the manufacturing and distribution partner for MEDC on the safety needle product that right now is the most important issue in the medical products field (safety needles were just mandated by Congress in hospitals, doctor's offices, etc). MEDC's stock is getting noticed by the institutional players in this field (IBD talked about it this weekend), and MEDM should follow when people make the connection. MEDM has some very interesting insider buying, and a small-cap hedge fund just filed as buying about 10% of the float. I've been in this one for a few months now, have watched it closely, and I think it is ready to really break out.

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